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Jan 17, 2013
01/13
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CURRENT
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obama demands the wealthy pay their fair share of taxes but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> bill: now unless i didn't hear it correctly, there were three times there where he's talking about the president's kids. >> sure. as anyone who follows politics knows, that is an area that's really considered off-limits when you're talking about children of the president. so whether to make a point -- i understand this is a debate about children but i think most of the observers looking at david keen said this is not about the children. it is about the arguments that -- >> bill: he would only say that if he were getting a lot of flack because of it. he must be getting some flack even from nra supporters who said drop that ad. enough is enough. >> it is important to bear in mind it is a web-only ad. it was more put throughout to stir this kind of debate about the gun issue rather than actually focusing in on the president's proposal. >> bill: let's get to the political viability of the presi
obama demands the wealthy pay their fair share of taxes but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> bill: now unless i didn't hear it correctly, there were three times there where he's talking about the president's kids. >> sure. as anyone who follows politics knows, that is an area that's really considered off-limits when you're talking about children of the president. so whether to...
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Jan 15, 2013
01/13
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KNTV
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airlines, claiming they are buying its jet fuel 70 miles away to avoid playing close to $300,000 in sales taxes. >>> students at university of vermont should not bring bottled water when they return to campus because the school banned its sale for environmental reasons. they are the largest public university to prohibit bottled water on campus. >>> to wall street, the dow opens at 13,507 after adding 18 yesterday. the s&p and nasdaq are both down. overseas the nikkei gained 77 points but the hang sell fell 31. nas dam and s&p slipped monday thanks to worries apple has gone sour. shares of the tech titan dipped below $500 for the first time in one year after reports the company cut orders for iphone parts due to weak demand. after the bell ben bernanke praised washington's fiscal cliff deal which he said probably would have caused a recession this year but cautioned, quote, we are not out of the woods yet. >>> a troubling new report finds more than one in four workers are dipping into retirement funds to keep up with their current bills. apparently folks in their 40s are most likely to do this.
airlines, claiming they are buying its jet fuel 70 miles away to avoid playing close to $300,000 in sales taxes. >>> students at university of vermont should not bring bottled water when they return to campus because the school banned its sale for environmental reasons. they are the largest public university to prohibit bottled water on campus. >>> to wall street, the dow opens at 13,507 after adding 18 yesterday. the s&p and nasdaq are both down. overseas the nikkei...
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Jan 16, 2013
01/13
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CURRENT
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we pay taxes and don't get a vote for it. we don't get anything for it. didn't we once fight a revolution? >> we should have a revolution. >> conservatives say they think the license plates should say i don't want taxes at all. i think that's interesting because that seems to be the ultimately sort of anti-revolutionary idea. right? >> just pigs. they want everything for nothing. >> that's not the way life works. >> it's nice he puts a license plate on it. it would be nicer if he pushed for statehood for the district. >> right. we were just talking about president clinton and how much money would you spend to spend a day with him? leoe leon ardo decaprio first spent a $100,$000 and they joined forces, a combined $400,000 to spend a day with clinton. no word on what they will be doing. >> havingan restaurants, i think. >> a lawsuit. >> i have to tell you, you it will be a busy day because that man stays on the move. he does four or five a day. >> you have to pay $400,000 but if you are like jessica alba, whoever at the golden globes haul them in a room, cl
we pay taxes and don't get a vote for it. we don't get anything for it. didn't we once fight a revolution? >> we should have a revolution. >> conservatives say they think the license plates should say i don't want taxes at all. i think that's interesting because that seems to be the ultimately sort of anti-revolutionary idea. right? >> just pigs. they want everything for nothing. >> that's not the way life works. >> it's nice he puts a license plate on it. it would...
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Jan 15, 2013
01/13
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FBC
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eye 194
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backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other] stuart: that is my take. big money at the story everybody is talking about today, lance armstrong comes clean on informant -- performance enhancing drugs and made millions in prize money and endorsements, raise a lot of money for his cancer charity. we are a forgiving country. we really are. here is the question. will the nation give him a second chance or is he totally finished? we will ask that question. we have a pr executive on whether it lands can have his image and i have my take on mr. armstrong around 10:28 this morning on this pro
backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other]...
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Jan 19, 2013
01/13
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WETA
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we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it somewhat of a moot issue. this is mostly for show right now. it is a diversion -- i'm all for gun-control -- but it will not happen. it is a diversion from what we need to do, which is dealing with issues like debt, the climate, which polish and do not want to deal with. it is a side show. >> i do not think it is a side show when you have massacres like we have had in the last year. not just newtown. justice scalia's opinion actually said that the government is free to regulate the kinds of weapons that people carry. it says that. >> if y
we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it...
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Jan 15, 2013
01/13
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CURRENT
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a new tax cut for the rich. they demand the spending. and then they have to -- it comes time to pay the bills. raising the debt ceiling means we agree we're going to pay the bills that congress has already spent. right? we're going to pay for the stuff that congress has already bought. as a president i thought it was an excellent analogy yesterday. you don't go to a restaurant and order a fine meal and then say i'm going to start cutting back right now. i'm not going to pay for that meal. you already ate it, babe! right? >> that's right. how fiscally conservative for them to say we're not going to pay that. let's just clear up this false equivalency that i think it was the first or second question who made the point at the press conference yesterday well, you voted against the debt ceiling in 2006 so what's the deal? look this is -- 2010 -- 2011, after the 2010 election, the whole tea party wave was the first time that you saw republicans hold it hostage. and say unless you do what we want we're not raising the debt ceiling. democrats ha
a new tax cut for the rich. they demand the spending. and then they have to -- it comes time to pay the bills. raising the debt ceiling means we agree we're going to pay the bills that congress has already spent. right? we're going to pay for the stuff that congress has already bought. as a president i thought it was an excellent analogy yesterday. you don't go to a restaurant and order a fine meal and then say i'm going to start cutting back right now. i'm not going to pay for that meal. you...
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Jan 16, 2013
01/13
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CURRENT
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cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about paying our bills. by the way, a lot of the bills we have to pay are things i was adamantly opposed to. i didn't want to go to war in iraq. i
cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the...
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Jan 21, 2013
01/13
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CURRENT
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he said he has changed his position that he said he wouldn't change at all on the tax line. but he seems to be taking a very different approach. >> jennifer: hank i want to play a sound bite. take a listen. >> obama: our journey is not complete until all of our children from the streets of detroit to the hills of app lay cha to the lanes of newtown know they are cared for and cherished and always safe from harm. >> jennifer: i think he takes his role as a protector and chief very seriously. but he also signaled how he is going to deal with congress. what do you think it really signals about what he is going to be able to get done in congress. >> i'm happy he loves children, but he wants the house back in 2014. >> jennifer: that's a political statement. >> i can't help it. he vested everybody by giving up a lot, the negotiations are already over because they conceded, and now on guns he is trying to position the republicans way out there so they can look like the victors. >> jennifer: yeah, i don't think he has to try very hard to out position guns. if it has anything involvi
he said he has changed his position that he said he wouldn't change at all on the tax line. but he seems to be taking a very different approach. >> jennifer: hank i want to play a sound bite. take a listen. >> obama: our journey is not complete until all of our children from the streets of detroit to the hills of app lay cha to the lanes of newtown know they are cared for and cherished and always safe from harm. >> jennifer: i think he takes his role as a protector and chief...
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Jan 16, 2013
01/13
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KICU
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eye 124
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if you thought that class warfare was bad during the election and during this tax battle, it could get even worse, because under a 2010 law, dodd-frank, public companies are supposed to disclose the relationship between what their ceo makes - that's already public information - but they are supposed to compare it and give a ratio with what their median employee, kind of the typical employee, makes. so this is something that people can compare from company to company just to see how much more - "wow, the ceo makes 300 times more than the typical worker here!" > in some companies it wouldn't be that dramatic - an investment bank, for example. but at other companies - you had mentioned earlier wal-mart - it would be a hugely divergent number. > > take goldman sachs. their ceo makes a lot of money, but there are a lot of people at goldman sachs who also make a lot of money. so the disparity wouldn't be as great maybe as wal-mart or some retailer where you have a ceo who probably makes a lot, but you have a lot of minimum-wage workers. so that is going to be a big disparity. > also in corpo
if you thought that class warfare was bad during the election and during this tax battle, it could get even worse, because under a 2010 law, dodd-frank, public companies are supposed to disclose the relationship between what their ceo makes - that's already public information - but they are supposed to compare it and give a ratio with what their median employee, kind of the typical employee, makes. so this is something that people can compare from company to company just to see how much more -...
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Jan 17, 2013
01/13
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FBC
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their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being hre. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when it gets even better. good night from new york. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau egalzoom helps you get personalized and affordable legal protection. in most states, a legal plan at
their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being hre. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when...
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Jan 21, 2013
01/13
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CURRENT
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the point is that you are living under a taxed society you have to be able to represent yourself. until that happens effectively, the city is getting treated in an unfair manner. >> a friend of bill this hour local news editor for the washington express part of "the washington post" and you can follow it at washington post.com and follow clipton on twitter@clinton yates. this is a no matter whether it's democrat or republican first term or second term, inaugurations are a big deal. >> yeah. >> for washington, d.c. for many reasons. >> big-time fun. you get crowds in town. i wrote this in a column last week. you get typically more than the average summer tourist. >> that's no knock over the americans who come here over the summer but you typically get a perceived more educated more sophisticated crowd belichick more politically aware. >> and people in the interest of having a good time. and that's sort of the difference between the average tourist season and inauguration is a lot of people are in a better mood. it makes things more fun when you are out and about on the town. >> peo
the point is that you are living under a taxed society you have to be able to represent yourself. until that happens effectively, the city is getting treated in an unfair manner. >> a friend of bill this hour local news editor for the washington express part of "the washington post" and you can follow it at washington post.com and follow clipton on twitter@clinton yates. this is a no matter whether it's democrat or republican first term or second term, inaugurations are a big...
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Jan 16, 2013
01/13
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CURRENT
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as a former governor, you're also losing tax revenue depending on your state's structure for drilling. if it's federal land, the government wants that little revenue stream from gas. >> jennifer: i'm just so curious, i've actually been dying to talk to you. you are the guy who follows this stuff closer than almost anybody, and you have such an objective hat on. everybody has talked about the problems with natural gas fracking, and the potential of co2. the question bottom line, can we do this safely and lead in producing natural gas as a way of exporting it to other countries, to china, for example, to help them lower their co2 footprint to address climb change? >> i wrote several pieces about china has a huge amount of gas in the ground there shale gas as well. a lot of experts i've talked to they say the best thing to do is advance our technology to extract the gas here, to the lng liquified exports to balance our trade across the pacific but you do need oversight. this is not going to work out right withouted a adequate oversight. there was a period where it was a wild west era. pe
as a former governor, you're also losing tax revenue depending on your state's structure for drilling. if it's federal land, the government wants that little revenue stream from gas. >> jennifer: i'm just so curious, i've actually been dying to talk to you. you are the guy who follows this stuff closer than almost anybody, and you have such an objective hat on. everybody has talked about the problems with natural gas fracking, and the potential of co2. the question bottom line, can we do...
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Jan 16, 2013
01/13
by
CURRENT
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matt had a payroll processing company to handle things so that taxes were withheld, everything was on the up and up. he submitted a business permit to the city of sacramento. that's the sort of people that the obama justice department said they are not going to go after. >> cenk: molly, how many kids do you have? >> two. >> cenk: hold are they? >> an 18-month-old daughter and 3-year-old daughter. >> cenk: what you are going to do if matt goes to jail for seven years. >> that's not going to be easy. >> cenk: how are you going to make a living? how are you going to support the kids? >> that's a good question. i don't know the answer to that now. >> cenk: can you believe your government is doing this to you even though what you guys are doing are perfectly legal in your own state. >> well, it's shocking. you know, from the beginning from the beginning, when, you know, there was first a search warrant served, you know, on a warehouse, when a search warrant was served on our home, it was shocking all the way through but each time i thought that's ok, they're do an investigation and see tha
matt had a payroll processing company to handle things so that taxes were withheld, everything was on the up and up. he submitted a business permit to the city of sacramento. that's the sort of people that the obama justice department said they are not going to go after. >> cenk: molly, how many kids do you have? >> two. >> cenk: hold are they? >> an 18-month-old daughter and 3-year-old daughter. >> cenk: what you are going to do if matt goes to jail for seven...
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Jan 18, 2013
01/13
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CURRENT
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of course, scott gave a 1.6 million tax subsidy to colt manufacturing in 2011. is there any logic behind this? >> well, the logic i think is that of they believe the only problem this country has is the millionaires and billionaires don't have enough money. and if we keep stuffing money into their pockets somehow everything will come up roses. that's been their plan from the start. they're pretty explicit about it. no form of corporate welfare that governor scott has been against but if you talk about actually seeing to it that happenky dapped children -- handicapped children can be hope with their families, suddenly there's no money for that. >> john: last week in response to crittism is from you and children, florida launched a so-called enhanced care program which would enlist 28 nurse care coordinators to would, with the families and the nursing homes treating the disabled children. is this close to adequate? 28 people for the whole state of florida? >> no, of course not. we have 20 million people in the state of florida. we have tens of thousands, hundreds
of course, scott gave a 1.6 million tax subsidy to colt manufacturing in 2011. is there any logic behind this? >> well, the logic i think is that of they believe the only problem this country has is the millionaires and billionaires don't have enough money. and if we keep stuffing money into their pockets somehow everything will come up roses. that's been their plan from the start. they're pretty explicit about it. no form of corporate welfare that governor scott has been against but if...
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Jan 17, 2013
01/13
by
FBC
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eye 80
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their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being here. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when it gets even better. good night from new york. ♪ with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ rth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? or double miles on every purchase, every day! have g
their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being here. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when...
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Jan 18, 2013
01/13
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CURRENT
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the economy is still a tough spot for the president and taxes. after releasing a ridiculous ad going after the president's children, the nra is attacking again, this time via a fund-raising email, claiming the president is raising $20 million to jam his anti-gun agenda through congress and accuses the administration of trying to quote reduce your freedom to ashes. i warns of mandatory gun confiscation, and a forced buyback program. it sounds a lot like death panels, and the president is not acting alone. president obama is working alongside his rich gun hating friends in hollywood, and michael bloomberg. they fail to mention he is also the mayor of new york city. we're back after the break. arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just informing. an impact that gets people to take action themselves. as a human being, that's really important. this is not j
the economy is still a tough spot for the president and taxes. after releasing a ridiculous ad going after the president's children, the nra is attacking again, this time via a fund-raising email, claiming the president is raising $20 million to jam his anti-gun agenda through congress and accuses the administration of trying to quote reduce your freedom to ashes. i warns of mandatory gun confiscation, and a forced buyback program. it sounds a lot like death panels, and the president is not...
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Jan 16, 2013
01/13
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CURRENT
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obama demands the wealthy pay their fair share of taxes. but he's just another elitist hypocrite when it comes to a fair share of security. >> yes, an elitist hypocrite who is the president. anyway his plan today will include calls for congressional action on an assault weapons ban, a limitation on the sale of high-capacity magazines, also taking a look at stronger, federal background checks for anyone who wants to buy a firearm. at the moment, senate democratic leadership seems split on whether or not we're going to get any action through congress. majority leader harry reid is skeptical we can get anything past republicans in the house but at the same time, minority whip steny hoyer is more optimistic. he's hopeful that perhaps his colleagues in the house will be more flexible after what happened at sandy hook elementary. we're back with more show after the break. show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but
obama demands the wealthy pay their fair share of taxes. but he's just another elitist hypocrite when it comes to a fair share of security. >> yes, an elitist hypocrite who is the president. anyway his plan today will include calls for congressional action on an assault weapons ban, a limitation on the sale of high-capacity magazines, also taking a look at stronger, federal background checks for anyone who wants to buy a firearm. at the moment, senate democratic leadership seems split on...
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Jan 18, 2013
01/13
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CSPAN2
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
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Jan 15, 2013
01/13
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CNBC
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eye 140
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it's a special tax form. have you to file for every single state that you're in where the pipeline might go through. it's a little complicated so some people have been buying exchange-traded funds because there's mlp exchange-traded funds. the point is if you're interested in dividends, these -- these kinds of deals are very, very host investments. two other ones are coming this week. >> not really seeing the kind of pace that we've seen for ipos. haven't seen the business come back. >> norwegian cruise lines goes back. not a massive limited partnership. >> that's a very well known name. >> sure they will be trying it out. >> get me my sunglasses. >> closing countdown coming up. >> and is congress threatening the economy with the looming fight over the debt ceiling? something we're all talking about, and will washington ever get serious about fixing the debt crisis. do not miss, this should be pay-per-view's, maria's exclusive interview with alan simpson coming up on the "closing bell." >> he's always great.
it's a special tax form. have you to file for every single state that you're in where the pipeline might go through. it's a little complicated so some people have been buying exchange-traded funds because there's mlp exchange-traded funds. the point is if you're interested in dividends, these -- these kinds of deals are very, very host investments. two other ones are coming this week. >> not really seeing the kind of pace that we've seen for ipos. haven't seen the business come back....
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Jan 15, 2013
01/13
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MSNBCW
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claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled water sales on campus. they've even converted water fountains to bottle-filling stations. >>> over to wall street this tuesday morning. the dow opens the day at 13,507 after adding 18 points yesterday. the s&p and nasdaq were both down. overseas the nikkei gained 77 points but the hang seng fell 31. >>> the nasdaq and the s&p slipped monday thanks to worries that apple has gone sour. shares of the tech titan dipped below 500 for the first time in nearly a year after reports the company has cut orders for iphone parts due to weak demand. >>> meanwhile, pc maker dell surged 13% on fresh takeover talk. after the bell, fed chief ben bernanke praised washington's recent fiscal cliff deal which he said probably would have
claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled water sales on campus. they've even converted water fountains to bottle-filling stations. >>> over...
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94
Jan 19, 2013
01/13
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KQED
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eye 94
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>> i think consumers have had a tough run and now they know what their tax situation is of for 2013 based on what happened in washington recently, and the ones work say i have nigh job, interest rates are low. it's not that bad. i want to take my vacation. >> susie: is business strong enough that you're going to add some jobs and what are your hiring plans? >> every time we launch a new ship, it brings on a lot more employees. we're 20,000 strong at this point. and if you think about there are a couple of thousand that come along with each new ship we're building in the future here. >> susie: kevin, thank you so much. great talking with you. >> appreciate it, take care. >> reporter: still ahead, more than half a million people are expected to converge on washington this weekend for the president's inauguration. we'll take a look at the economic impact. >> tom: u.s. stocks were little changed, despite a big jump in growth in china. china's economy rose by nearly 8% during the last three months of 2012, up half a percent from the previous quarter. still, for the year, china's posted its wea
>> i think consumers have had a tough run and now they know what their tax situation is of for 2013 based on what happened in washington recently, and the ones work say i have nigh job, interest rates are low. it's not that bad. i want to take my vacation. >> susie: is business strong enough that you're going to add some jobs and what are your hiring plans? >> every time we launch a new ship, it brings on a lot more employees. we're 20,000 strong at this point. and if you...
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Jan 14, 2013
01/13
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government spend aka taxes. part of the heritage foundation's definition of economic freedom is the ability to invest your money however you want and hold on to your money. limited government was always one of the factors in the study. still very, very strong with protectionism is an issue the united states is facing. they are competitive in the global economic environment. it's not just about the u.s. any more. it's a very global marketplace we need to remain competitive. the rankings show we are slipping behind a little bit. we are still topping the world still a top ten but it's a struggling environment for us right now. >> barely top 10. sandra smith, fox business networks. 25 after the hour. still to come obama care was supposed to cut costs for healthcare to all. now we are finding another hidden fee that insurance companies will be charging you to pay for someone else. plus a teacher is told to remove a ronald reagan quote from her classroom because it could be offensive to her students. we will explain.
government spend aka taxes. part of the heritage foundation's definition of economic freedom is the ability to invest your money however you want and hold on to your money. limited government was always one of the factors in the study. still very, very strong with protectionism is an issue the united states is facing. they are competitive in the global economic environment. it's not just about the u.s. any more. it's a very global marketplace we need to remain competitive. the rankings show we...
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Jan 17, 2013
01/13
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CURRENT
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. >> do you have a tax i could borrow? >> stephanie: i don't think so. thank you, honey. it's beautiful. >> are you two the same size? >> stephanie: no i'll look like a stuffed sausage in it. >> that's not true. good morning, everybody, president obama's second term cabinet shuffles today. he has to replace lou, and it looks like dennis mcdun na will be the next in line. mcdunna has worked on capitol hill as a foreign policy advisor to tom daschle and he served as a senior policy advisor on the 2008 campaign. he may be qualified for the spot, but he is another white male, which isn't going to go bar in quieting complaints that he is not bringing in enough adversity. ken salazar is also leaving, and that leaveings no latinos left. the president says we need to wait until all of his appointmentings are in place before passing judgment. an islamist group stormed a gas pumping station taking more than 44 workers hostage including three americans. now algearian forces have unleashed air strike on the station. they are unable to verify the report, the fighters reportedly stormi
. >> do you have a tax i could borrow? >> stephanie: i don't think so. thank you, honey. it's beautiful. >> are you two the same size? >> stephanie: no i'll look like a stuffed sausage in it. >> that's not true. good morning, everybody, president obama's second term cabinet shuffles today. he has to replace lou, and it looks like dennis mcdun na will be the next in line. mcdunna has worked on capitol hill as a foreign policy advisor to tom daschle and he served as...
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Jan 14, 2013
01/13
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see if it lasts because it's being explained away as people pull forward their bonuses in 2012 for taxes. let's see if it lasts beyond that. earnings are slowing down. the economy is slowing down. and on the positive, you've got the fed pushing real hard. so maybe we don't have a big down in the market because of the fed, but the fundamentals beyond the fed are real hard to support the market going up. >> china's improving. japan is in uber-stimulus mode. a number of people have changed their gdp numbers this weekend 2.5%. it's not horrible and it's slowly improving. >> it is definitely tough out there. there's no argument there. final word very quickly, ralph. i just want to get your single best idea right here. if your scenario materializes and this market goes up, what's your best idea? where do you want to put your money today? >> xlf. financials. >> that's his financial sector there. >> yep. >> thanks, guys. >> we'll see you soon. thank you so much. we'll keep you updated on the dell story as it develops. we are in the final stretch of trading. 45 minutes until the closing bell soun
see if it lasts because it's being explained away as people pull forward their bonuses in 2012 for taxes. let's see if it lasts beyond that. earnings are slowing down. the economy is slowing down. and on the positive, you've got the fed pushing real hard. so maybe we don't have a big down in the market because of the fed, but the fundamentals beyond the fed are real hard to support the market going up. >> china's improving. japan is in uber-stimulus mode. a number of people have changed...
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Jan 21, 2013
01/13
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CURRENT
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we must harvest new ideas, make our government revamp our tax code, revamp our schools, and empower our citizens to reach higher. but while the means will change our purpose endures a nation that rewards the effort and determination of every american. that is what is required and will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. [ cheers and applause ] >> obama: but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [ cheers and applause ] >> obama: for we remember the lessons of our past when twilight years were spent in poverty and parents with a child with a disability had nowhere to turn. we do not believe in this country freedom is deserved for the lucky or happiness for the few. we recognize that no matter how responsibly we live our liveings anyone one of us could suffer a job loss or a home swep
we must harvest new ideas, make our government revamp our tax code, revamp our schools, and empower our citizens to reach higher. but while the means will change our purpose endures a nation that rewards the effort and determination of every american. that is what is required and will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure security and dignity. we must make the hard choices to reduce the cost of health care and the size of our...
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Jan 16, 2013
01/13
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. >> andrea: that is not important if we raise taxes on rich to talk about gun control. does it always have to be a dog-and-pony show? he used kids for the stimulus. now he is using kids again. it's just always a gimmick. never about the real policies. p.r. and how it looks. i will say this, i work for a republican memberbe. who had press conbe france using children once. the flak we took for it was incredible. >> dana: not worth it. >> andrea: there are not a lot of republicans that would do it since it happened. they remember it well. but there are two set of rules, bob. one for the democrats and one for republicans. >> dana: it's like saying well, we care for children and you don't. >> bob: obama is the first person to use people as backdrop for the press? give me a break. you could be bipartisan if the republicans come forward for gun control. >> eric: again you want to get to gun control discussion. stay on this for a few more minutes. really, using kids. >> bob: really, using kids. >> eric: using kids who are family, surrounding the victims of the newtown, connecti
. >> andrea: that is not important if we raise taxes on rich to talk about gun control. does it always have to be a dog-and-pony show? he used kids for the stimulus. now he is using kids again. it's just always a gimmick. never about the real policies. p.r. and how it looks. i will say this, i work for a republican memberbe. who had press conbe france using children once. the flak we took for it was incredible. >> dana: not worth it. >> andrea: there are not a lot of...
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Jan 15, 2013
01/13
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FBC
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do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl: that's right. 3 #% yield hit again on ford. the stock is climbs and climbing back to the debt ceiling debate, in 2012 # coming into 2013 were concerns about consumer spending. government numbers out, retail sales better. does that give you hope? is that why you are bullish at this point for 2013? >> yes. i mean our economy plods along and improves looking at real estate, consumer spending, major purchases such as auto. once again, i make the statement that once washington gets out of the way, we really think that the financial markets based upon where
do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl:...
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Jan 15, 2013
01/13
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KGO
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blitz tonight, reacting to a full-fledged assault on sugary sodas that include school bans, proposed taxes and an often-mocked new york city effort to eliminate large sizes. >> oh, no! i'm on the run from johnny law! >> reporter: but many feel it's no joke. after all, the average american gets 45 gallons of sugary soft drinks a year. that's 1 1/2 barrels of soda pop. in fact, sugary sodas are the single largest source of calories in the american diet. even this small can has the equivalent of six sugar cubes in it. the regular soda, 14 sugar cubes. and that big gulp? 32 sugar cubes. critics argue they're not just ordinary calories, either. they're empty of nutrition and don't tell the body its full. >> with beverages, we drink the calories and consume more foods on top of those calories. >> reporter: coke's new commercial promotes exercise programs to work off what you drink. but for the world's largest soda maker today, it's no coke and a smile. jim avila, abc news, washington. >>> and as we begin another week, we begin it watching the flu continue to move across the country again. tonigh
blitz tonight, reacting to a full-fledged assault on sugary sodas that include school bans, proposed taxes and an often-mocked new york city effort to eliminate large sizes. >> oh, no! i'm on the run from johnny law! >> reporter: but many feel it's no joke. after all, the average american gets 45 gallons of sugary soft drinks a year. that's 1 1/2 barrels of soda pop. in fact, sugary sodas are the single largest source of calories in the american diet. even this small can has the...
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Jan 17, 2013
01/13
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rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jelly sandwiches rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, double where we were not that long ago, and the analysts were determined to tell you housing is about to go all tepid, numbers don't fit into the scenario, not a negative one and that's the story of the market right now bullish backs getting in the way of the bearish story. now, i will tell you on any given day, we're capable of a serious swoon and we are due for one. holy cow. maybe dow and intel not so hot tonight can cause one sell, sell, sell. this feels like a moment like the mid 1980s where the bulls areaa lay boeing. it seems like when i was a young, curly haired kid. i want to see the amazing con colombia ra glomerate. one of those rare things, when you can get an audience with an investment titan. he heard i had a hot hand. he wanted to know what i was thin
rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jelly sandwiches rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, double where we were not that long ago, and the analysts were determined to tell you housing is about to go all tepid, numbers don't fit into the scenario, not a negative one and that's the story of the market right...
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Jan 16, 2013
01/13
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CNNW
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obama demands the wealthy pay their fair share of taxes. but he's just another elitist hypocrite when it comes to a fair share of security. >> you see there's mayor bloomberg, nbc anchor, david gregory, and senator dianne feinstein. so, they're tapping into that, too, because many people think that the media is one-sided on this issue, jason. >> didn't we do this for the last two years? the election is over. the whole barack obama is part of this elitists is a dead argument. it doesn't move things forward. what the nra should be talking about is let's make sure people have to be licensed properly to have their guns. make sure people know how to use a gun if someone comes into their home. these ads and attacks raises money, gets people talking, and it doesn't help the nra's reputation with the public. >> ron, jason has a point. this could create a backlash. a "washington post" poll shows 44% have an unfavorable view of the nra's leadership. >> i don't think that matters to the nra. what their goal is is to protect gun rights, the rights of t
obama demands the wealthy pay their fair share of taxes. but he's just another elitist hypocrite when it comes to a fair share of security. >> you see there's mayor bloomberg, nbc anchor, david gregory, and senator dianne feinstein. so, they're tapping into that, too, because many people think that the media is one-sided on this issue, jason. >> didn't we do this for the last two years? the election is over. the whole barack obama is part of this elitists is a dead argument. it...
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Jan 13, 2013
01/13
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, raises taxes on those making over $400,000 a year and increases capital gains tax rates. so, how will this impact your small business? barbara wealthman is an attorney and a leading authority on tax law and finance for small businesses. she is the writer of the muntari e newsletter "big ideas for small business" and also author of the book "j.j. lasser's "1,001 tax deductions and great to see both of you. thanks for joining us. >> a pleasure. >> i read some article that said recently frustrated, elated, happy, confused, those are people's reactions right now to just what happened in washington. barb, i want to talk with you first and foremost about the payroll tax holiday so there's no uncertainty about that. your employees are going to be paying more out of their payroll. for their payroll tax is this something you've discussed with your employes? >> we haven't discussed with them yet. i think we were waiting first to see what was going to happen. our plan is to discuss with them right before they receive their first paychecks that there is going to be a change, that the
, raises taxes on those making over $400,000 a year and increases capital gains tax rates. so, how will this impact your small business? barbara wealthman is an attorney and a leading authority on tax law and finance for small businesses. she is the writer of the muntari e newsletter "big ideas for small business" and also author of the book "j.j. lasser's "1,001 tax deductions and great to see both of you. thanks for joining us. >> a pleasure. >> i read some...
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Jan 18, 2013
01/13
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...
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Jan 15, 2013
01/13
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KQED
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on the dividend theme i think our call was that the tax rate wasn't going to rise the way it was written in the law. we have seen that and this is a pretty compelling group of stocks. you have low payout and bond rates are low so you can buy dividend stocks that yield well relative total attorney difficults in the bond market. on the megacap stocks you have a lot of large high quality american companies that should be able to grow at or higher than the rate of the market or cheaper than the market and also have those higher dividends. >> susie: and the other two sectors that you also recommend to your morgan stanley clients, health care, companies like cardinal health, and industrials like honeywell, general motors what is the story there? >> well, for health care look, when you want to be a little defensive in the markets's natural for people to think about two sectors, health care and staples. we really like health care more than staples right now. we see that pretty clearly. health-care companies are beating estimates more, they have higher cash balances and you know they are much che
on the dividend theme i think our call was that the tax rate wasn't going to rise the way it was written in the law. we have seen that and this is a pretty compelling group of stocks. you have low payout and bond rates are low so you can buy dividend stocks that yield well relative total attorney difficults in the bond market. on the megacap stocks you have a lot of large high quality american companies that should be able to grow at or higher than the rate of the market or cheaper than the...
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Jan 14, 2013
01/13
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reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or her health care or for a scientist to shut down ground breaking research so that a multimillionaire can pay less taxes than a secretary. they don't think it's smart to close endless loopholes for wealthy americans rather than invest in our roads and to help manufacturers bring jobs back to america. they want us to bring our books in order no a balanced way where everybody pulls their weight and everybody does their part. that's what i want as well. that pie that's what i've proposed. and we can get it done, but we're going to have to make sure that people are looking at
reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or...
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Jan 15, 2013
01/13
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CNBC
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citing new tax hikes on the rich as a downside catalyst. >> i think it's absolutely ridiculous. what american express has done in the last two days, cost management. focus on what they are doing there in terms of what the earnings are and expectation that the high-end consumer is going to be affected by what is going on here in terms of fiscal policy. it's misguided. stay with american he cexpress. >> that's talk about cliffs natural. a downgrade. dr. j, make sense of it. the stock is up 2%. >> this one was sold too far down. i can't believe that he actually bothered to downgrade them when the stock was half of whether where it is was. i like the deutsch call. unless we have a lot of trouble with our economy here, judge, which i don't think we're going to have, i think this continues to work and works back into the mid-40s by the end of this quarter. >> talk to me, weiss, about some airlines. they have been doing incredibly well. lately here is ual and lcc. >> they were early in upgrading the airlines and the airlines used to be like drinking beer. you rented it. you didn't own
citing new tax hikes on the rich as a downside catalyst. >> i think it's absolutely ridiculous. what american express has done in the last two days, cost management. focus on what they are doing there in terms of what the earnings are and expectation that the high-end consumer is going to be affected by what is going on here in terms of fiscal policy. it's misguided. stay with american he cexpress. >> that's talk about cliffs natural. a downgrade. dr. j, make sense of it. the stock...
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Jan 16, 2013
01/13
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. >> reporter: loans that result in penalties, taxes, and lost interest. people in their 40s are most likely to borrow against their 401(k)s, but the financial pressure doesn't end there. another new study by aarp shows that the older you are, the higher your credit card debt. >> for the first time, people over age 50 are having more credit card debt, $2,000 more, than people who are younger. >> reporter: and that debt makes it more likely they'll borrow against their 401(k). it's a vicious cycle. how to avoid it? experts say you need a rainy day fund that's not your 401(k), and start saving separately for retirement in your 20s so you have at least a year's salary at 35, three years at 45, and by retirement at 67, you should have put away at least eight times your final salary. six years after tapping out their iras, they are both working, and once again saving for retirement. >> we worked very hard to get to where we are today. >> reporter: determined to enjoy their golden years after learning some hard lessons. chris jansing, nbc news, new york. >>> we
. >> reporter: loans that result in penalties, taxes, and lost interest. people in their 40s are most likely to borrow against their 401(k)s, but the financial pressure doesn't end there. another new study by aarp shows that the older you are, the higher your credit card debt. >> for the first time, people over age 50 are having more credit card debt, $2,000 more, than people who are younger. >> reporter: and that debt makes it more likely they'll borrow against their 401(k)....
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Jan 16, 2013
01/13
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of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ay be easy, but when you wake up in the middle of the night it can be frustrating. it's hard to turn off and go back to sleep. intermezzo is the first and only prescription sleep aid approved for use as needed in the middle of the night when you can't get back to sleep. it's an effective sleep medicine you don't take before bedtime. take it in bed only when you need it and have at least four hours left for sleep. do not take intermezzo if you have had an allergic reaction to drugs containing zolpidem, such as ambien. allergic reactions such as shortness of breath or swelling of your tongue or throat may occur and may be fatal. intermez
of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ay be easy, but when you wake up in...
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Jan 17, 2013
01/13
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CSPAN2
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of us like the tax code. when you talk about the ability to broaden the base, lower the rate and raise revenue, that is a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things when you talk about the specifics and the fact we need to deal with the mortgage deduction for state and local taxation then capping the discretionary you don't have to talk about a single specific policy. taxing the 1% is easy even if you are the 1% its current take more of that to fix the problem. now it's the hardest part so it's how we are going to unravel the next steps. clearly the next piece is going to have to focus on entitlement reform that's the biggest tax. we have to reaction moments coming up next months, the sequester that the extended for two months and it has broad base across-the-board spending cuts which is a wrong way to do policy. we are dealing with a tough recovery we want to phase in all these gradually and pick and choose and policy makers to pic
of us like the tax code. when you talk about the ability to broaden the base, lower the rate and raise revenue, that is a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things when you talk about the specifics and the fact we need to deal with the mortgage deduction for state and local taxation then capping the discretionary you don't have to talk about a single specific policy. taxing the 1% is easy even if you are the 1% its...
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Jan 13, 2013
01/13
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FOXNEWSW
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if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american manufacturers rely on to compete in a low wage global environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it and ship it and sell it it's several jobs down the line that went happen because you don't have the money to make that work. >> right. >> all right. and, john, you talked about t
if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american...